The Stock Exchange of Hong Kong (SEHK), a wholly owned subsidiary of Hong Kong
Exchanges and Clearing (HKEX), published a consultation paper on proposed
changes to listing rules governing corporate transactions. The 10‑week
consultation runs to Nov. 30, 2026. Key proposals: raise the
shareholder‑approval threshold for major transactions from 25% to 50%; carve out
transactions that provide financial assistance, involve securities or other
investment activities, which would remain subject to the 25% threshold; and
eliminate the categories of very substantial disposal and very substantial
acquisition.
